I took a long position yesterday on the S&P500 when it hit support. We are long from 1961and targeting 1990-2000 with a break of resistance into new highs. If it fails here we will take profit and close out for about 3% on the account in 24hrs.
I have been short the Euro since last week. Got bumped out of the original short position, but I got back in the end of last week. With support breaking here we could see the EURAUD tumble to the 1.4100 area as there is very little support between this area and my target.
I have been short the EURUSD for about a week now. With a break of support here we could see the euro move to the 1.3200 – 1.3100 area for the next part of this move. EURUSD live position in managed trading accounts.
I have been long the USDCHF for a couple months now. I took my original position on months go and now a couple weeks ago added to it as the dollar was showing good signs of starting to strengthen again.
Dollar Index Position
A couple weeks ago I took on long position on the dollar index right around the same time as I added to my USD/CHF position. US dollar is starting to show strength against most currencies now and dollar continues to look strong for the coming weeks in my opinion. That is most of my positions at the moment. Almost all of these positions have been taken with only about a 0.5% risk of account capital. Yet many of them will return 3,4,5 or even more on the account. Keep in mind this is on the entire account balance, not just the position, many of those are up in the 100′s% return on capital used.
Managed Trading Account Preventative Stops moving into profit so exiting trade only in profits
– Also, these positions are “risk free”. All of these positions are guaranteed profits without loss, a very nice position for our trading clients to be in. This ensures safety of capital (capital preservation) and allows us to make money without risking any capital at all. MME™ Managed Futures and Forex Trading Fund. If you think this kind of thing could be right for you, click the link for more info to see if this is something you would like to compliment your portfolio. Happy Trading!
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